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SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) have entered a definitive agreement to create the 3rdlargest investor-owned water and wastewater utility in the United States. The new company will serve more than 1.5 million people with over 700 employees across California, Connecticut, Maine and Texas. The combined company would have had operating revenue of approximately $496 million and recurring net income of $74 million based on a 2017 pro forma basis.
Fountain Quail has been developing innovative water management solutions since 1996 Original company widely recognized as the first commercial recycler of shale wastewater (2004, Barnett Shale) Well-established track record of success working with leading producers in major shale plays including the Marcellus, Utica, SCOOP, STACK, Barnett, Eagle Ford and the Permian Basin.
Hi-Tech Environmental Inc is a Birmingham, AL-based company in the Energy and Utilities sector.
BCR Environmental Corporation is a U.S. based clean solutions company focused on industry-revolutionizing solutions that convert organic waste streams into safe, valuable, and marketable end products.
Sierra Control Systems is a Carson City, NV-based company in the Energy and Utilities sector.